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$1,624,000

1132 Omar St, Houston, TX, 77009

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,367 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$490.05 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Water Purifier
FlooringStone, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built2021
Stories1
Garage Spaces4

Land Information

APN0620600000008
Lot Number8
SubdivisionNorhill
Land UseResidential
Legal DescriptionLT 8 BLK 9 NORHILL
Census Tract510302
Assessed Land Value$525,000
Assessed Improvement Value$1,066,649
Assessment Year2025

About this property

1132 Omar is a meticulously designed & recently built home by The Modern Bungalow Co. Stunning 4/5 bed, 4 bath residence w/custom shutters on all windows offers a perfect blend of modern design & functionality. Main level features a formal dining room, butler’s pantry & versatile study/5th bedroom w/ custom wallpaper. Chef's kitchen includes huge island w/farmhouse sink & opens to family room with built-ins & fireplace. Upstairs, enjoy an open game/media room & luxurious primary suite complete w/large walk-in closet & spa-like bath w/soaking tub & walk-in shower. 3 additional bedrooms provide plenty of space for family or guests. Private backyard plus front & back porches offer additional room to play or relax. Plenty of parking behind auto driveway gate w/garage, porte-cochere & long driveway. Security system/cameras to remain. Zoned to Travis Elementary (Buyer must verify eligibility for attendance). This exceptional home is truly a must-see!  All info per seller.

Investor Tools

Property Icon
$1,624,000
Estimated Property Value
$960,000Estimated Mortgage Balance
$675,810Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,644
$1,591,649
2025
$525,000
$1,066,649
$1,591,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,644
$1,591,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$960,000
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$948,190
$690,810
42%
58%
$5,750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,750/mo
$-3,524/mo
1.6%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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